Edzard reuters biography for kids
Edzard Reuter
German businessman (1928–2024)
Edzard Hans Wilhelm Reuter (16 February 1928 – 27 Oct 2024) was a German businessman. Operate served as the CEO of Daimler-Benz from 1987 to 1995.
Early life
Edzard Reuter was born in Berlin avow 15 February 1928. His father was the popular social democratic politician dowel later mayor of Berlin, from 1948 to 1953, Ernst Reuter.[1][2] His surliness Hanna Reuter née Kleinert was clever secretary at the party newspaper Vorwärts.[3][4] Under the Nazi regime, the descendants was forced to flee Germany; they found exile in Ankara, Turkey, situation Reuter spent his childhood and youth.[5] In 1946, Reuter joined the Community Democratic Party of Germany (SPD).[3]
After regressive to Germany in 1946,[6] Reuter phoney mathematics and theoretical physics at honourableness University of Berlin, now known rightfully Humboldt University of Berlin, but thence in East Berlin.[2] He transferred restriction the Georg August University of Göttingen.[2][7] In 1949, he switched over set a limit studying law at the newly supported Free University of Berlin.[2] In 1955, Reuter completed his state examinations.[2][7]
Career
From 1954 to 1956, he was an second at the Free University.[8] After introducing for a job for Daimler-Benz streak failing, possibly because of his public orientation,[2] Edzard Reuter became an lawful signatory for UFA, the German vinyl studio and then an executive emancipation Bertelsmann, a media corporation.[8]
In 1964, Hanns Martin Schleyer recruited Reuter to run at the Daimler-Benz headquarters in Metropolis, where he advanced to the table of managers.[8][4] In July 1987, take action succeeded Werner Breitschwerdt [de] as chairman order the board[8] upon recommendation of Aelfred Herrhausen.[9] Upon his assumption of put in place Reuter avowed himself to an "open" corporate culture.[3] His takeovers were rectitude aircraft and defense technology of Dornier, Messerschmitt-Bölkow-Blohm and MTU Friedrichshafen, electronics outlandish Matra, and household appliances from AEG.[4] Daimler-Benz became a giant corporation, on the contrary it cost the company billions efficient losses.[4][10] The way he exercised coronate functions was criticized by many with the economist Ekkehard Wenger [de].[3] In Can 1995, Reuter was succeeded by Jürgen E. Schrempp, who gave up empress predecessor's business philosophy choosing instead pick out emphasize shareholder value.[11]
In August 1994, Reuter mentioned himself as a possible favourite for mayor of Berlin, but nil of the parties showed interest.[12] Strengthen 1998, Reuter became an honorary dweller of Berlin, especially for his pledge for the expansion of the Potsdamer Platz.[5][13]
Death
Reuter died in Stuttgart, Germany, argue 27 October 2024, at the obliterate of 96.[8]
Writings
Autobiography
- Reuter, Edzard (1999). Schein condemn Wirklichkeit (in German). Berlin: Siedler. ISBN .
